ABA Journal

Lawyer Pay

1318 ABA Journal Lawyer Pay articles.

Boies Schiller’s block billing cited as obstacle to Nike’s fee request in Avenatti extortion case

Nike can recover about $260,000 out of about $856,000 in legal fees paid to Boies Schiller Flexner for helping New York federal prosecutors bring charges against lawyer Michael Avenatti, a federal judge has ruled.

What will Cravath and Davis Polk do? Many law firms await more news on salary hikes

Milbank’s pay hikes for associates have yet to gain widespread acceptance in BigLaw.

Will fewer BigLaw firms match Milbank’s new pay hike for associates? At least 10 firms are on board

Several BigLaw firms have matched Milbank’s new higher pay scale for associates, but there could be some that are unable to keep up, according to legal consultants who spoke with Reuters.

Milbank smashes the associate pay scale with yet another raise

Editor’s Note: Looking for These 2 judges are considered front-runners to replace Breyer; who else is getting mentioned? We apologize for the newsletter link snafu.

Updated: Milbank announced Thursday…

In US News’ 100 Best Jobs of 2022 list, how does being a lawyer stack up?

Being a lawyer is a better job than being a speech-language pathologist but not quite as good as being a statistician.

Law firms came ‘dangerously close’ to losing almost a quarter of their associates in 2021, new report says

Law firms “are spending huge amounts of money and putting their profits at increasing risk” as they battle to hold on to their associates, according to a report released Tuesday.

As a slew of BigLaw firms match bonuses, some boutique firms join the pack

Some boutique law firms are matching or even surpassing BigLaw’s year-end associate bonus scale of up to $115,000 for the most senior associates.

Law firm earned $6.8M for indigent defense since 2016, according to state’s overbilling suit

A lawyer who was once the highest-paid public defense lawyer in Maine is facing a state lawsuit contending that she and her law firm misrepresented the hours that they worked on behalf of indigent defendants.

Lawyer burnout is ‘a real issue’ as demand for legal work outpaces growth in lawyer head count

Law firms will be able to easily absorb higher expenses driven by a talent war because of strong revenue growth in 2021, according to the 2022 Citi Hildebrandt Client Advisory released Thursday.

Cravath, first to announce year-end bonuses, is among the firms matching Davis Polk’s special bonuses

Cravath, Swaine & Moore—the first law firm to announce year-end associate bonuses of up to $115,000—has matched additional special bonuses being paid by Davis Polk & Wardwell.

Cravath abandons strict lockstep compensation for partners

Updated: Cravath, Swaine & Moore announced in a memo Monday that it is abandoning its strict lockstep compensation system for partners.

Finally! Davis Polk announces special bonuses in addition to Cravath match

Davis Polk & Wardwell announced year-end bonuses Monday that match Cravath's scale while adding special bonuses of 20% for all but the class of 2021.

Why is BigLaw delaying bonus announcements?

After Cravath, Swaine & Moore announced year-end bonuses of up to $115,000 for associates Nov. 22, a handful of law firms quickly chimed in. Since then, however, things have been quiet on the bonus front.

Jurors rule against associate who sued King & Spalding for alleged ethical retaliation

Fired King & Spalding associate David Joffe lost his wrongful termination lawsuit Monday when jurors found that the law firm had no liability.

Prosecutor pay isn’t keeping up with inflation, even as some case backlogs grow, study author says

The average starting salary for prosecutors in 31 larger cities was $68,506 at the start of 2020, according to a survey by a Lafayette College professor in conjunction with the Association of Prosecuting Attorneys.

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